CLIRF (Clearford Water Systems) Interest Expense: $-5.60 Mil (TTM As of Sep. 2021)


What is Clearford Water Systems Interest Expense?

Clearford Water Systems CLIRF Interest Expense is $-5.60 Mil as of Sep. 2021.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Clearford Water Systems's interest expense for the three months ended in Sep. 2021 was $ -1.81 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2021 was $-5.60 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Clearford Water Systems's Operating Income for the three months ended in Sep. 2021 was $ -0.46 Mil. Clearford Water Systems's Interest Expense for the three months ended in Sep. 2021 was $ -1.81 Mil. Clearford Water Systems did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Clearford Water Systems  (OTCPK:CLIRF) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Clearford Water Systems's Interest Expense for the three months ended in Sep. 2021 was $-1.81 Mil. Its Operating Income for the three months ended in Sep. 2021 was $-0.46 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2021 was $52.19 Mil.

Clearford Water Systems's Interest Coverage for the quarter that ended in Sep. 2021 is calculated as

Clearford Water Systems did not have earnings to cover the interest expense.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Clearford Water Systems Interest Expense Historical Data

* Premium members only.

The historical data trend for Clearford Water Systems's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Clearford Water Systems Interest Expense Chart

Clearford Water Systems Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.02 -2.66 -3.46 -4.27 -4.72

Clearford Water Systems Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.08 -1.12 -1.16 -1.52 -1.81

Clearford Water Systems Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.60 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-5.60 Mil mean?
Clearford Water Systems (CLIRF) has a Interest Expense of $-5.60 Mil as of Sep. 2021. Interest Expense is the amount a company pays on its long-term debt. View historical data on Clearford Water Systems and its competitors.
Is Clearford Water Systems' Interest Expense too high?
Clearford Water Systems' current Interest Expense is $-5.60 Mil.
How does Clearford Water Systems' Interest Expense compare to WM and RSG?
Clearford Water Systems' Interest Expense of $-5.60 Mil can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Waste Management company?
A good Interest Expense depends on the Waste Management industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Clearford Water Systems and its competitors. Clearford Water Systems's current Interest Expense is $-5.60 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clearford Water Systems stock overvalued right now?
Clearford Water Systems (CLIRF) has a current Interest Expense of $-5.60 Mil. The current Interest Expense is $-5.60 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Clearford Water Systems (CLIRF), the current Interest Expense is $-5.60 Mil as of Sep. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Clearford Water Systems Business Description

Address 515 Legget Drive, Suite 100, Ottawa, ON, CAN, K2K 3G4
Clearford Water Systems Inc provides unified water infrastructure solutions. The company is the developer of the Clearford One system, which is a combination of the company's ClearDigest Smart Digester, Small Bore Sewer (SBS) technology, a watertight small diameter wastewater collection system, SBS ClearConvey, and ClearRecover, a wastewater treatment facility-based on the processed influent. It operates through two segments namely Clearford One and UV Pure. The company generates revenue through a sale in various countries such as Canada, the United States of America, India, South America, and other countries. It derives maximum revenue from the Clearford One segment.